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Singapore's manufacturing output falls 9.2 pct in March


Xinhua
26 Apr 2024

SINGAPORE, April 26 (Xinhua) -- Singapore's manufacturing production decreased 9.2 percent year-on-year in March, according to data released by the Economic Development Board Friday.

Biomedical manufacturing production contracted 34.3 percent year-on-year last month, mainly led by a 54.1-percent decline in the pharmaceuticals segment.

Electronics output declined 11.3 percent year-on-year in March, and transport engineering output decreased 9.7 percent year-on-year.

Meanwhile, chemicals production increased 4.2 percent year-on-year and precision engineering output grew 3.2 percent last month.

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